GrainInnovate

GrainInnovate is a $50 million early-stage venture capital fund established in 2019 by the Grains Research and Development Corporation (GRDC) and managed by Artesian Venture Partners. The fund invests in startups developing novel solutions — including software, hardware, biologicals, new genetics, and new business models — relevant to Australian grain growers, with a focus on profitability and sustainability. It invests from pre-seed through to Series A/B (early growth stage), with typical check sizes ranging from A$250,000 to A$2,000,000. Startups may be founded anywhere globally, but must demonstrate a credible path to creating value for Australian grain growers. GrainInnovate acts as a minority co-investor alongside other venture capital firms and institutional investors. Portfolio companies gain access to GRDC's extensive Australian grains industry network, including growers, research institutes, logistics providers, government authorities, and corporates. Applications are accepted on a rolling basis via a Typeform application linked from the Apply page.